Religious Society not registered u/s 12A earlier has applied for provisional registration and provisionally registered in Dec2022 from AY-2023-24 to AY-2025-26.(not yet filed 10AB) and and doing charitable activities from 10-15 last years.

Society has no business and only income from donations from general public as well as community .

In case now wants to file ITR-U for last years and ITR for AY-22-23 to show income from Donation and corresponding expenditure.

Whether ITR 5 is to be used showing

1)Donation (under income from other sources) and claiming expenses u/s 57.

2)Donation (under income from business) and claiming expenses as per Income & Exp Account.

OR

3) To file ITR-7 on the basis of provisional registration received now for last years ITRs.

Your answer with explanation will be helpful.

Thanks

Hi

I got a demand notice for AY2022-23. I accepted the demand, paid the amount and also uploaded the challan (through Pending Actions->Response to Outstanding demand) within the stipulated time.

Even after a month (Pending Actions->Response to Outstanding demand) page is showing Payment Pending and is computing interest. I had filed grievance twice. For the first grievance they gave some irrelevant reply (open the intimation notice, pay the amount etc when I have already done those). For the second grievance, they are asking me to file a revised return under 139(5) with the challan details.

Is it required to file a revised return under 139(5) when I have accepted the demand and provided the details in the Income Tax Website? Shall I file a complaint in the pgportal website?

If I have to file revised return, should I pay the interest amount also separately and show it in the revised return?

Thanks
Sri

Hello All
How are you.. hope all is fine.
I want to take advise..
In HUF if one shows yoga classes as business income. Is it advisable to show.
As per my belief if it is shown then it is treated as exempt income and the member will show as a other sources income.
Pl advise whether I am right way. Or something else can be done.
Regards

Client Registered under normal scheme in GST. WE are charging 5% GST on bill Amount. Client is in Favour of availing Input tax credit on Input, input services and Capital Goods.

1. Wheter ITC will be availble on Input , Input Service and capital Goods. also reply whether we are charging correct GST on bill or not???

Dear Experts, I have some shares in a Pvt Ltd Company. I will file my ITR. So, What can I do about this Shares...? Can i show the share details in ITR...? (under ITR-3 --> "Whether you have held unlisted equity shares at any time during the previous year?" ) Please reply as soon as possible. Thanks & Regards

Depatment demand us tax @ 33% for non accepting 10IC form. turnover only between 10 to 15 crore.
what should we do for revise demand tax 25%

A.Y.2021-2022 was processed u/s 143(1) and assesse appeal against the demand raised within the time. Subsequently, the said return was converted in to scrutiny. In the scrutiny some demand was dropped as raised in 143(1). At the juncture what action is to be taken by the Assessee

if a partnership firm have no profit or loss is come under tax audit or non tax audit.
Please give explanation.

Thanks in advance.

1). If my last year FY 21-22 was less than 10 CR (including all previous years from 2017) but lets says if this year my turnover is greater than 10 CR from April 22 to Sep 22 period, is e-invoice applicable from 1st October 22 or will it be applicable from April 23. Reply

2).If I am newly incorporated partnership firm in 2022 but lets says if this year my turnover is greater less than 10 CR from April 22 to Sep 22 period, and turnover reaches to 10 crore in November month is e-invoice applicable from November 2022 or will it be applicable from April 23. Reply

Dear Sir(s)
We have paid Legal Fees to Advocate who is providing Legal Consultancy.
As the Legal Fees is subject to RCM. The advocate is not registered and company as registered under GST we have to pay GST under RCM
I WANT TO KNOW
1. THE PROCEDURE FOR PAYMENT OF RCM
2. WHETHER WE HAVE TO SHOW IN GSTR-1 OR 3B
I request your goodselves to please clarify the same..
Thanking you
pavan